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Contractors All Risks Insurance (CAR)

The contractors undertaking construction projects require insurance protection for indemnity during the contract period against loss or damage to:-

  • Permanent & temporary works including materials to form a part thereof.
  • Materials/items supplied by (the principal)
  • Construction plant, tools, equipment and
  • Construction Machinery.

SGI Contractors’ all-risks policy fully meets the said requirements. Subject to specific Exclusions, the scope of cover is very wide to include any unforeseen and sudden physical loss or damage from any cause to the items declared for insurance. The Insured is reimbursed for the cost of debris removal as agreed. It also covers accidental third-party

  • Bodily injury/illness
  • Damage to property occurring in direct connection with the contract works execution. (Subject to the limits of indemnity).